Open tender competition for the procurement of a trading surveillance solution.

NBIM has entered into a contract with one tenderer for the procurement of a monitoring system for securities trading for a period of 4 years. The system shall help NBIM with minimising and preventing violations of regulatory obligations with a focus on identifying and following up potential market misuse and market manipulation (for example insider trading). The aim is to automate workflows that handle a large amount of trade data and generate alerts. The solution must have a complete alert library that covers the existing regulations for cross transfer instruments that address, for example, tried and tested market manipulation, as well as market abuse.

The contract covers the implementation and maintenance of the proposed solution.

The estimated four year contract value is 6 000 000 NOK-12 000 000 NOK. This was only an estimate and is not binding for the NBIM.